A free enterprise system is a type of economy that:A.focuses on producing and selling goods in local communities.B.ensures that all citizens have jobs and places to live.C.strictly controls corporations to protect consumers.D.prevents governments from interfering with businesses.

One of the key characteristics of the U.S. free enterprise system is:A.limited competition between large businesses in each industry.B.governments deciding which goods will be produced.C.businesses making decisions based on the profit motive.D.strict limits on the kinds of products available to consumers.

A free enterprise system is also called ____________ or a market economyResponsescapitalismcapitalisma mixed economya mixed economycommunismcommunisma dictatorship

In a free enterprise system, the government is expected to:A.control important industries such as pharmaceuticals.B.determine the prices for most consumer goods.C.settle legal disagreements between businesses.D.pay entrepreneurs to start innovative companies.

he major features of the U.S. free enterprise system include:A.many companies competing for customers.B.strict limits on the types of goods available.C.economic decisions motivated by fairness.D.government control over economic decisions.

One of the major benefits of property rights in a free enterprise system is that:A.courts are able to force companies to sell property at fair prices.B.governments have more influence over property being bought and sold.C.businesses are free to sell their products at the prices they choose.D.consumers are able to freely use intellectual property from any business.